After executing arma3.exe, an error appears "This application can not be started because d3d11.dll can't be found. Re-installing this application might solve this problem."
Except for this error, nothing happens at all.

Steps taken:
used Steam to verify game integrity (ok), added the "-nobenchmark" and "-winxp" launch options, executed as administrator, disabled the firewall, checked if DirectX was up-to-date (ok), reinstalled nVidia drivers (ok), reinstalled game and rechecked integrity (ok).

I have a DirectX 10 compatible nVidia card.